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    Property profile & analytics

    3251 State Rte 51 Elmore, OH 43416-9799

    • Retail space
    • 9,240 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    $750,000
    Location Intelligence
    Property ID
    US66-5281934
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 3251 State Rte 51

    Year built
    2018
    Construction
    METAL FRAME
    Lot size
    1.86 lot acres
    Property size
    9,240 SF
    Property type
    Retail space
    APN
    019-20634-33683-005
    APU
    192063433683005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elmore
    County
    Ottawa
    State
    Ohio
    Longitude
    -83.2991
    Latitude
    41.4689
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,525
    $382,806
    $104,461
    $487,267
    -
    $1,093,730
    $298,460
    $1,392,190

    Comparable in this City

    • Value Estimation
      $205,000
      1,646 SF

      409 Rice St

      RETAIL STORES (PERSONAL SERVICES) • 1,646 SF
      409 Rice St, Elmore, OH 43416-9403
      View Details
    • Value Estimation
      $290,000
      6,780 SF

      346 Rice St

      RETAIL STORES (PERSONAL SERVICES) • 6,780 SF
      346 Rice St, Elmore, OH 43416-9422
      View Details
    • Value Estimation by Request
      2,460 SF

      360 Rice St

      RETAIL STORES (PERSONAL SERVICES) • 2,460 SF
      360 Rice St, Elmore, OH 43416-9422
      View Details
    • Value Estimation
      $190,000
      4,400 SF

      353 Rice St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      353 Rice St, Elmore, OH 43416-9404
      View Details
    • Value Estimation
      $215,000
      3,080 SF

      3100 State Rte 51

      RETAIL STORES (PERSONAL SERVICES) • 3,080 SF
      3100 State Rte 51, Elmore, OH 43416-9630
      View Details
    • Value Estimation
      $335,000
      8,641 SF

      18909 State Rte 51

      RETAIL STORES (PERSONAL SERVICES) • 8,641 SF
      18909 State Rte 51, Elmore, OH 43416-8701
      View Details
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    3251 State Rte 51
    Elmore, OH 43416-9799
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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